BDR 0.00% 6.5¢ beadell resources limited

Gold price, page-11276

  1. 8,033 Posts.
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    You can look back on my posts.
    All I was saying was the US economy has improved.
    Despite Europes downturn.

    This could have made the USD stronger.
    In turn keeping a lid on the POG.

    I am a bit smarter than to believe that anyhow.
    It comes back to those who control the POG.
    They send it up and down allowing them to make the most they can.
    My reasoning in trading gold is that they
    Dont want to cook the golden goose.

    I still feel the$1200 level is the balance point.
    Sure to be there again ...only a matter of time.
    Only question is how much above it will go
    and how much below.

    Cheers
 
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